Motor Trade Insurance Explained – An Article by Road Runner

All ClickMechanic motor traders are required to hold trade insurance, but do you, as a mechanic, really understand how it works? Road Runner is a specialist motor trade insurance broker with a long history of helping a wide variety of motor traders find the right insurance for their business. If you are not sure whether you currently have the right cover, or just want a second opinion, why not get in touch or ask ClickMechanic to refer you to us for a no-obligation quote.

Motor Trade Insurance vs. Commercial Vehicle Insurance

You almost certainly have a van of some sort and you can of course cover yourself to drive this with a normal commercial vehicle policy. But the Road Traffic Act throws up some additional quirks when it comes to the motor trade. It requires all vehicles to be insured when used on a public road and over the years it has become clear that this can extend to vehicles not being driven at the time and vehicles parked on certain types of private property which are accessed by the public – for example, car parks. Where the two types of policy differ is in the cover they give you for vehicles not owned by you. Typically, a motor trade insurance policy will cover:

Vehicles owned by you;

Vehicles in your care, custody or control for motor trade purposes.

What this means is that your motor trade insurance is covering you not only to drive a vehicle you own, but also in respect of the period when you are working on a customer’s vehicle. Whether or not you need to road test that vehicle, or work on it whilst parked on a public road, a typical motor trade policy would ensure you complied with the provisions of the Road Traffic Act.

There are many other considerations when it comes to arranging the right motor trade insurance, so why not let ClickMechanic introduce you to specialist motor trade insurance broker Road Runner and ask us to let you have a no-obligation quote for your business.

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